Officials of the Bureau of Internal Revenue (BIR) and the Federal Tax Service (FTS) of Russia have met recently to discuss the latter’s best practices that could be applied in the Philippines to further improve its tax administration and compliance. On orders of Finance...
Transmission firm National Grid Corporation of the Philippines (NGCP) is seeking lawmakers’ imprimatur for it to be allowed to import Covid-19 vaccine tax-free as these doses will be used for its employees. NGCP President Anthony L. Almeda said with this gesture from the State, businesses would...
The Department of Finance (DOF) urged local chief executives to rally behind its proposed legislative measures to help the country recover from the pandemic-induced economic crisis. Finance Secretary Carlos G. Dominguez III (Bloomberg file photo) During the webinar hosted by the Bureau of...
EDITOR’S NOTE: This is an article from Charlie A. V. Gorayeb, national chairman of CREBA (Chamber of Real Estate & Builders’ Associations, Inc.) The Chamber of Real Estate & Builders’ Associations, Inc. (CREBA) has appealed anew for immediate government intervention against the...
The Philippines remains in a strong fiscal position to meet the financial challenges posed by the coronavirus pandemic and ride out the global economic crisis, the Department of Finance (DOF) said. Finance Secretary Carlos G. Dominguez III said the government has the financial muscles to reboot the...
The proposed legislated franchise for the Bulacan airport project will imperil all existing and future tax laws in the country, economic and transportation experts warned. In a virtual briefing, Action for Economic Reforms coordinator Filomeno Sta. Ana III and transportation expert Rene Santiago...
President Rodrigo R. Duterte has approved the appointment of Finance Secretary Carlos G. Dominguez III as ex-officio chairperson of the Governing Board of the Philippine Tax Academy (PTA). Finance Secretary Carlos G. Dominguez III The appointments of Commissioner Caesar Dulay of the Bureau of...